ALT - Allied Technologies Limited - Trading Statement
ALT
ALT
ALT - Allied Technologies Limited - Trading Statement
Allied Technologies Limited
(Registration number 1946/020415/06)
(Incorporated in the Republic of South Africa)
Share Code: ALT & ISIN: ZAE000015251
("Altech")
Trading Statement
Shareholders are referred to the business update published by Altech on SENS on
24 July 2009.
Despite the current adverse general economic conditions and challenges Altech
continues to make progress and benefits from its high proportion of annuity
income. All Altech operations are exceeding budget expectations - in particular,
Altech East Africa, thus resulting in an annuity contribution in excess of 79%.
Shareholders are now advised that a reasonable degree of certainty exists
regarding expectations that Altech`s
1. earnings per share ("EPS");
2. headline earnings per share ("HEPS"); and
3. adjusted HEPS (adjusted for the amortisation of intangible assets);
will be between 10% and 15% higher than EPS, HEPS and adjusted HEPS for the
prior comparable period.
Altech`s interim financial results for the financial half-year ended 31 August
2009 are expected to be announced on SENS on 29 September 2009.
This trading statement has not been reviewed or reported on by Altech`s external
auditors.
Johannesburg
14 September 2009
Sponsor
Investec Bank
Date: 14/09/2009 17:05:01 Produced by the JSE SENS Department.
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